uflex limited-144a gdr (UFLXY) Key Developments

UFLEX Limited has reported that Mr. Tara Sankar Sudhir Bhattacharya was appointed as Independent Director on the Board of the company with effect from February 14, 2015.

Uflex Limited Reports Unaudited Stand-Alone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Feb 14 15

Uflex Limited reported unaudited stand-alone and consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, on consolidated basis, the company reported net sales/income from operations was INR 14,826 million against INR 14,265.6 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,147.1 million against INR 1,100.7 million a year ago. Profit from ordinary activities before tax was INR 720.2 million compared to INR 550.9 million for the same period a year ago. Net profit was INR 567.7 million or INR 7.9 basic and diluted earnings per share against INR 516.9 million or INR 7.29 basic and diluted earnings per share a year ago.
For the nine months, on consolidated basis, the company reported net sales/income from operations was INR 45,884.3 million against INR 42,821.5 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 3,600.1 million against INR 3,129.2 million a year ago. Profit from ordinary activities before tax was INR 2,242.7 million compared to INR 1,511.4 million for the same period a year ago. Net profit was INR 1,831.1 million or INR 25.79 basic and diluted earnings per share against INR 1,386.9 million or INR 19.6 basic and diluted earnings per share a year ago.
For the quarter, on stand-alone basis, the company reported net sales/income from operations was INR 7,772.9 million against INR 7,333.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 363.5 million against INR 468.2 million a year ago. Profit from ordinary activities before tax was INR 312.1 million compared to INR 470.4 million for the same period a year ago. Net profit was INR 260.8 million or INR 3.61 basic and diluted earnings per share against INR 407.5 million or INR 5.64 basic and diluted earnings per share a year ago.
For the nine months, on stand-alone basis, the company reported net sales/income from operations was INR 24,727.6 million against INR 23,033.7 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,601.5 million against INR 1,744.8 million a year ago. Profit from ordinary activities before tax was INR 1,138.9 million compared to INR 1,050.4 million for the same period a year ago. Net profit was INR 967.7 million or INR 13.40 basic and diluted earnings per share against INR 852.1 million or INR 11.8 basic and diluted earnings per share a year ago.

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